Visualization

Tracking Construction Equipment and Assets

Construction

Construction assets management and tracking are critical for almost all business spheres. The tools for tracking the performance of equipment of all sizes are now widely available. Physical assets are premises, vehicles, office and computer equipment, tools, etc. The company’s assets are those used to facilitate the construction process and operations. The construction industry in its work relies on a wide variety of tools, vehicles, and equipment. These tools help to track real-time equipment inventory, to manage and allocate costs.

Benefits for the company

Assets tracking may be beneficial in the prevention of theft and equipment loss — modern assets tracking solution help to move from managing equipment and material on paper and in the spreadsheet to 24/7 monitoring.

Feasability

High

Type of expertise/ AI domain

Advanced Analytics

Internal data required

Assets, Historical Equipment Usage data, Demand, Real-time tracking

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